You're reading: Politico: A Ukrainian oligarch bought US factory and let it rot

In recent weeks, the world has learned incredible new details about corruption, illicit financing, and money laundering by the super-rich, thanks to the Pandora Papers. The papers are a tranche of nearly 12 million documents, revealed by an international group of journalists, that describe how global elites — from the king of Jordan to Pakistani Prime Minister Imran Khan’s inner circle to an alleged mistress of Russian President Vladimir Putin — use shell companies, trusts, real estate, artwork and other financial secrecy tools to squirrel away enormous amounts of money. And much of it is perfectly legal.

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